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Pratt & Whitney Receives $115 Million for F135 Engine Core Upgrade

Pratt & Whitney Receives $115 Million for F135 Engine Core Upgrade
A U.S. Air Force F-35A assigned to the 34th Fighter Squadron departs from a KC-10 Extender aircraft after receiving fuel over Poland on Feb. 24 (U.S. Air Force Photo)

Raytheon Technologies' [RTX] Pratt & Whitney snared a more than $115 million contract last week for the F135 engine core upgrade for the Lockheed Martin [LMT] F-35 fighter. Pratt & Whitney is to finish the work under the new contract by May next year. "The F135 engine core upgrade delivers the fastest, most cost efficient, lowest risk path to F-35 Block 4 capability," Pratt & Whitney said in a statement after DoD announced the contract on Nov. 29. DoD's upcoming…

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